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EU Economic Forum – Central Asia: Bridging Two Regions

On 5 November, the European Union – Central Asia Economic Forum will be held in Bishkek (Kyrgyz Republic) for the first time in a full-time format.

This high-level meeting is slated to be the first in a series of events to be held in Central Asia in the coming years as part of the 2019 EU Strategy for Central Asia. Strengthening economic ties between the European Union and Central Asia is one of the priorities of the strategy.

The Forum will provide an opportunity for participants to discuss the priority needs of Central Asia in the area of ​​sustainable economic development for the benefit and benefit of all parties. The three main themes of the event will be green recovery, digitalization and improving the business environment. 

Therefore, the first face-to-face EU-Central Asia Economic Forum will focus on challenges and opportunities in these three areas, taking into account existing EU initiatives such as the European Green Deal, the EU Digitalization Plan, EU regional and bilateral programs in line with the new program cycle for 2021-2027 years. Initiatives and technological solutions offered by the EU private sector will also be discussed.

In addition, the event will allow for a comprehensive discussion with representatives of the Central Asian countries of the current interaction with the EU, as well as new opportunities for economic cooperation, with special emphasis on the three priorities of the Forum.

The Central Asian states will be represented by high-level representatives of national governments, while the European Union will be represented by Valdis Dombrovskis, Executive Vice-President of the European Commission for Economic Affairs and Trade.

“I am honoured to represent the European Union at this important high-level event. Our relations with the five Central Asian countries are consistently improving, and thanks to this economic forum, we are taking the next step in interaction between the regions. We will discuss expanding cooperation, trade and investment, focusing on key shared priorities such as fostering a sustainable business environment and green and digital transformation of our economies. Now that we continue to recover from the COVID-19 pandemic, our work on these priorities can bring our regions closer than ever before, ”said Valdis Dombrovskis.

The event will also bring together high-level representatives of the EU member states, organizations implementing EU projects in the region, representatives of the private sector from Central Asia and Europe, as well as development partners, including European financial institutions.